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The tender for operating Israel’s current pension clearinghouse infrastructure is nearing completion, and a major technological shift is expected. The next-generation system is likely to be…

The management of Clal Insurance & Finance signed a new collective labor agreement today (Thursday) with the workers’ committee for the next four years. The agreement…

Phoenix Gamma, a wholly owned subsidiary of Phoenix Group and its credit arm, reported a net profit of 126 million shekels in 2024—a 41% increase compared…

Harel Group has signed a memorandum of understanding to invest in exchange for a 30% stake in Pema Leasing Ltd., one of Israel’s leading auto financing…

The bill, which mandates that insurance companies repair vehicles declared as a total loss and that an annotation be made in the registration of a vehicle…

Ayalon filed a lawsuit in the Tel Aviv District Court to enforce its commercial agreements with Dan Bus Company, under which Ayalon was to provide compulsory…

Ofer Nimrodi, CEO of Hachsharat HaYishuv
Photo credit: Rami Zarenger

Photo: Michael Kalman
Photography: Nati Levi

A settlement has been reached following a motion for class action approval filed in September 2023 against Hachshara. The motion claimed that when Hachshara reimbursed policyholders…

The claim argues that Clal Insurance requires policyholders to sign a release form that revokes their rights in cases unrelated to the specific incident for which…